Is South Fallsburg, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Fallsburg is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, South Fallsburg was a Neutral Market.

Key Takeaway

South Fallsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in South Fallsburg, NY

How much do homes in South Fallsburg, NY cost?

Median Sold Price

$291,750

$217/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$21,750(+8.1%)

Key Takeaway

Homes in South Fallsburg have sold for 8.1% more than they did a month ago.

Summary: The median home sold price in South Fallsburg was $291,750 in November 2024, up 8.1% from last month, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$206K
N/A
3 $270K-
N/A
4 --
N/A
5+ -$377.5K
N/A

Summary: South Fallsburg housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

South Fallsburg
+8.1%
Kiamesha Lake
-6.6%

Housing Supply in South Fallsburg, NY

How many homes are available in South Fallsburg, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
660.0%

Summary: The South Fallsburg real estate market had 6 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 10
-100.0%
4 00
0.0%
5+ 45
+25.0%

Summary: The South Fallsburg housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Fallsburg, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in South Fallsburg in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for South Fallsburg, NY

How long does it take to sell a home in South Fallsburg, NY?

Average Sale Time

Oct 2024Nov 2024CHANGE
54 Days25 Days-52.8%

Summary: Homes in South Fallsburg had an average of 25 days on market in Nov 2024, down by 52.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in South Fallsburg are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in South Fallsburg; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in South Fallsburg, NY

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